[Lurkina.n.Learnin]

This from CNN

Obama offers new ‘MyRA’ retirement accounts

http://money.cnn.com/2014/01/28/retirement/savings-retirement-myra/index.html

[Zuben Elgenubi]

If you like your IRA, you can keep your IRA. With us.

[Rusty0604]

“The White House said the MyRA would be offered through Roth IRA accounts and that any saver with wages could set one up.
Roth IRAs allow users to put after-tax income into a savings account, where it grows tax free.”

So taking advantage of tax deferment isn’t even allowed?